Recent Dynamics of Crude Oil Prices /

Crude oil prices have been on a run-up spree in recent years. Their dynamics were characterized by high volatility, high intensity jumps, and strong upward drift, indicating that oil markets were constantly out-of-equilibrium. An explanation of the oil price process in terms of the underlying fundam...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Krichene, Noureddine
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/299
Online Zugang:Full text available on IMF